World Isocyanate Market Analysed & Forecasted by M&M in New Cutting-edge Research Study Published at MarketPublishers.com

17 Jun 2014 • by Natalie Aster

LONDON – Rigid foam is the primary application of isocyanate, with flexible foam and paints & coatings coming second and third, among others. Methylene diphenyl diisocyanate (MDI) has been the most successful among the three key isocyanates, which has resulted in large investments in the sector. The aliphatic isocyanate and toluene di-isocyanate (TDI) sectors have received the majority of funding, as the firms are investing to boost their isocyanate capacities by establishing novel factories and expanding the capacities of the existing ones. Going forward, the Asia-Pacific market is anticipated to post rapid growth. China is anticipated to keep on being the major consumer of isocyanates; the growth in the country is fuelled by the rise in isocyanate demand and prices. India is also enjoys high potential with healthy growth.

Isocyanate manufacturers are concentrating on geographic expansion to increase their global presence. Major of them are expanding their operations in across Asia-Pacific nations, which are driving the isocyanate demand supported by their thriving economies. Germany-based Bayer MaterialScience and China’s Yantai Wanhua Polyurethanes Co. Ltd. are the most active participants in the global isocyanate market.

The report evaluates the marketplace based on geography, isocyanate types, and applications. It limelights the actual market condition and gives insights into the sector’s development path in the past, includes a detailed analysis of the value chain and Porter’s five forces analysis. The study canvasses the market dynamics, covering the drivers, limiters, major opportunities, pressing issues, and winning imperatives. The research report delves into the competitive scene and profiles the top market participants, analysing different marketing trends and establishing the most effective growth strategies. The future of the isocyanate market is discussed, too.